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Business News of Monday, 16 April 2018

Source: Veep Media

Ghana is a good place for business - Bawumia

Vice President, Dr. Mahamudu Bawumia has called for increased collaboration towards a sustained Public-Private partnership led economy to charge a new direction for Ghana.

He made this known when a high powered business delegation from Bavaria -a heavily industrialized region of Germany paid a courtesy call on him at the Jubilee House on Monday, April 16, 2018.

Dr. Bawumia outlined programmes the government is undertaking and touted achievements of the administration.

"We are putting Ghana on the right foundations and stabilizing the economy. These include ensuring fiscal discipline, cutting the budget deficits, managing the national debt, and infrastructure development to help increase Productivity" he said.

At the meeting, the Vice President also pushed for investment opportunities in productivity focused infrastructure.

Known for its advanced agricultural economy, Vice President Bawumia also urged the delegation to also look at possible investments in the Planting for food and Jobs Programme.

He informed the delegation on investments made by the government to formalize the economy and deepen financial inclusion such as the national identification cards, digital property address system, mobile payments interoperability, etc.

On their part, Mr. Ulrich Rieger, the leader of the delegation, praised the Nana Akufo-Addo’s government for stabilizing the economy and making Ghana one of the ten (10) strongest growing markets in Africa.

"Ghana is an outstanding springboard market for small and medium-sized companies and it is the fifth most important market for Germany" he noted.

"We want to open doors for the Bavarian economy, create opportunities and bring companies from Bavaria to partner with companies from Ghana" he added.

Bavaria is one of the top economic locations in Germany and Europe.